§ 14. Mr. TICKLERasked the President of the Board of Trade if he is aware of the hardships suffered by residents on the East Coast, by reason of their having to insure against aircraft raids and bombardment risks; and if he will grant them the privilege of being allowed to pay their insurance premiums by half-yearly or quarterly instalments as the payment of the full yearly premium presses hardly upon the class of people residing in these districts?
Mr. HARCOURTWhile I sympathise with the hon. Member's desire to make the payment of aircraft insurance premiums as easy as possible, I fear that it would not be possible at this stage to arrange for the annual premiums to be paid in instalments. The premiums are very small, and any system of payment by instalments would increase the working expenses out of all proportion.
§ Mr. HOGGEWhy does not the Air Risks Insurance give the usual days of grace for the repayment of the premium?
Mr. HARCOURTThat is rather a complicated question. I have already explained the matter to my hon. Friend.